Avidity Biosciences Inc (NASDAQ: RNA) on Friday, soared 4.76% from the previous trading day, before settling in for the closing price of $28.97. Within the past 52 weeks, RNA’s price has moved between $21.51 and $56.00.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 49.32%. The company achieved an average annual earnings per share of -36.54%. With a float of $109.84 million, this company’s outstanding shares have now reached $120.51 million.
The extent of productivity of a business whose workforce counts for 391 workers is very important to gauge. In terms of profitability, gross margin is 66.42%, operating margin of -4853.44%, and the pretax margin is -4136.0%.
Avidity Biosciences Inc (RNA) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Avidity Biosciences Inc is 7.53%, while institutional ownership is 107.71%. The most recent insider transaction that took place on May 01 ’25, was worth 190,324. In this transaction Chief Program Officer of this company sold 5,875 shares at a rate of $32.40, taking the stock ownership to the 50,554 shares. Before that another transaction happened on May 01 ’25, when Company’s Officer proposed sale 5,875 for $32.65, making the entire transaction worth $191,819.
Avidity Biosciences Inc (RNA) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -36.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.72% during the next five years compared to -34.37% drop over the previous five years of trading.
Avidity Biosciences Inc (NASDAQ: RNA) Trading Performance Indicators
Avidity Biosciences Inc (RNA) is currently performing well based on its current performance indicators. A quick ratio of 16.91 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 409.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.01, a number that is poised to hit -0.94 in the next quarter and is forecasted to reach -4.41 in one year’s time.
Technical Analysis of Avidity Biosciences Inc (RNA)
The latest stats from [Avidity Biosciences Inc, RNA] show that its last 5-days average volume of 1.28 million was inferior to 1.47 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.26%. Additionally, its Average True Range was 2.31.
During the past 100 days, Avidity Biosciences Inc’s (RNA) raw stochastic average was set at 59.45%, which indicates a significant increase from 59.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.05% in the past 14 days, which was higher than the 71.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.51, while its 200-day Moving Average is $36.73. Now, the first resistance to watch is $30.94. This is followed by the second major resistance level at $31.53. The third major resistance level sits at $32.62. If the price goes on to break the first support level at $29.27, it is likely to go to the next support level at $28.18. The third support level lies at $27.59 if the price breaches the second support level.
Avidity Biosciences Inc (NASDAQ: RNA) Key Stats
Market capitalization of the company is 3.66 billion based on 120,520K outstanding shares. Right now, sales total 10,900 K and income totals -322,300 K. The company made 1,570 K in profit during its latest quarter, and -115,770 K in sales during its previous quarter.
